MomentumOptionsTrading.com Morning Update for 8/8/2014Bears Pushing Next Waves of Support9:00 a.m. (EST) The warnings signs that lower lows were in store continued to come on Thursday, and the bears used the final hour of trading to confirm them. The bulls made an opening run at resistance but went into defensive mode an hour later and ran for the hills into the […]
Indexes opened up but could not hold gains; again very different action than we saw in June and July. The S&P 500 fell 0.56% and the NASDAQ 0.46%. We’ve been cautious for about a week now due to a technical breakdown and thus far nothing in the market action tells us to change course. The normal culprit – geopolitics – […]
MomentumOptionsTrading.com Midday Update for 8/7/2014Trade of the Week Update: RealD (RLD) Back in Single-Digit Territory/ Put Options Double12:45 p.m. (EST) Earlier this week, I profiled RealD’s (RLD, $9.10, down $0.15) upcoming earnings release and showed investors and option traders several different ways to play a possible 10% move in the stock and a possible triple-digit profit with the right option. It […]
* US stock markets sold down again, weighed down by the energy sector, which fell -4.1% last week, due to concern over geopolitics in Europe.* European stock markets fell to their lowest levels for there months, after factory orders in Germany fell and Italy has regressed into recession again.* Asian stock markets fell again yesterday, following on from weak overseas […]
In last week’s Benzinga article on InterMune (NASDAQ: ITMN), some of the warning signs for the overall stock market were highlighted.Those warnings became more than just warnings last week, as the market took some significant hits. Last Thursday’s 300-plus drop on the Dow Jones Industrial Average was the main headline.Since then the market has continued to decline, but some stocks […]
* US stock markets sold down again, weigh down by the energy sector, which fell -4.1% last week, due to concern over geopolitics in Europe.* European stock markets edged higher, snapping a four session losing streak, as earnings were better, but there are still concerns over financial contagion and the escalating violence in the Middle East and Ukraine.* Asian stock […]
SummarySuddenly nearly everybody is bullish at historic highs. Where were they at the post-IPO lows?
Facebook is priced for beyond perfection at 94 times earnings and 24 times sales.
Original VC Peter Thiel cashes out his remaining 494,950 shares on July 29, signaling a smart money top.
There have been so many ridiculously bullish articles on Facebook (NASDAQ:FB) lately that I don’t even […]
Which biotech stock has been picking up the most steam as of late?First, let’s define “as of late.” After all, different time horizons would result in different leaders and laggards. And traders and investors would be looking for different things.Traders might be looking for stocks that are accelerating only in the short term, while investors might be longer for the […]
Stock Trading Alert: Short-Term Uncertainty Following Last Week’s Selloff – Will Downtrend Continue?By: Paul Rejczak | Mon, Aug 4, 2014SharePrintEmailStock Trading Alert originally published on August 4, 2014, 6:28 AM:Briefly: In our opinion, speculative short positions are favored (with stop-loss at 1,970 and a potential profit target at 1,850, S&P 500 index)Our intraday outlook is bearish, and our short-term outlook […]
* US stock markets pared early losses, but still closed lower for the session, as traders digest economic data and the impactions on rising interest rates.* European stock markets slumped again Friday, recording their worst week in two years, as the geopolitical situation hit home after further sanctions were imposed upon Russia.* Asian stock markets fell again on Friday, backing […]
